Still, real estate investment firm Republic Realm’s purchase of a single virtual lot in year 1 for nearly $ 1 million fueled demand for virtual or digital real estate.

A CryptoPunk depicting an alien punk with gold earrings, a red knitted hat, and a medical face mask became the most expensive CryptoPunk of all time after it was sold for a whopping $ 11.7 million through the Sotheby auction house.

However, Ulbricht uses the lines not only to report on his life, but also to draw attention to a new NFT collection, which will be available at the Art Basel art fair from December 2nd today via SuperRare. The “Ross Ulbricht Genesis Collection NFT” contains ten drawings by the Silk Road founder and an animation by the artist Levitate.

Ulbricht would like to do good with the proceeds from the sales of the NFTs, because the prisoners should benefit from them.


The so-called Doge, the image of a Shiba Inu looking into the camera that has become the basis of countless memes over the years, has been sold, in the form of NFT, for a record amount of four million dollars. Last Friday, the user @pleasrdao got the expensive NFT during an online auction on the Zora site. Don Caldwell, editor-in-chief of Know Your Meme, which was in charge of certifying the authenticity of the NFT, called the sale “a milestone in the history of the Internet.” The proceeds of the sale will be partly donated to humanitarian associations such as the Red Cross Society and the World Food Programme.

The meme had been put up for sale by the Japanese Atsuko Sato, the owner of the dog pictured, who is called Kabosu.

The artwork was sold for over $ 69 million at Christie’s auction house as an NFT in March 2021.

doge meme?

The owner posted the corresponding dog picture on her blog in 2010. “I take tons of photos every day, so this day wasn’t unusual. Kabosu loves to be photographed, so she was delighted that the camera was aimed at her, ”explains Atsuko Sato in a statement.

The term D-O-G-E originally comes from a comic from 2005. The doge term was finally brought together with the image of Kabosu in 2010 on the Reddit platform – the meme was born.

At that time the kindergarten teacher did not know that the bitch would one day bring in millions.

The doge meme sold nft millionaire

Atsuko Sato now wants to donate part of the proceeds from the NFT auction to charities, including the Red Cross and the United Nations World Food Program.

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Not fungible “means that something is unique and cannot be replaced by anything else.
For example, a bitcoin is fungible – swap one for another bitcoin and you’ll have exactly the same thing. On the other hand, a digital work of art or a unique trading card is not fungible.

The doge meme sold nft millionagents

The iconic “Doge” meme is officially the most expensive meme non-fungible token (NFT) as it sold at a whopping $4 million USD, surpassing the likes of Charlie Bit My Finger and “Disaster Girl” which went below $1 million USD.

The NFT was reportedly purchased on Zora by the account @pleasrdao, who placed a bid of 1,696.9 of the cryptocurrency Ethereum that converts to around $4 million USD. “We’re so happy to be a part of this milestone in internet history. If any meme deserved to be the new meme NFT record holder, it’s Doge,” Don Caldwell, editor-in-chief of Know Your Meme, said in a statement. He further added that Doge is “one of the most iconic memes in internet history” as it won Know Your Meme’s Meme of the Decade in 2019.

Atsuko Sato, who owns the Shiba Inu, Kabosu, revealed she was “very surprised” at how the image transformed into a cultural phenomenon.

The doge meme sold nft millionb

Atsuko Sato now wants to donate part of the proceeds from the NFT auction to charities, including the Red Cross and the United Nations World Food Program.

69 million for collage

But what exactly is an NFT? NFT stands for Non-Fungible Token, which means something like “non-exchangeable tokens”. They are to be understood in a similar way to cryptocurrencies like Bitcoin, as they are based on a blockchain in which every transaction is saved in detail. Buying NFTs is not just buying an abstract block in a series of digital blocks, but an asset that represents ownership of a particular digital object.

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Doge is the most expensive Doge NFT meme sold to date, but not the most expensive NFT ever.
This title goes to artist Beeple with his collage “Everydays: the First 5000 Days”.

A bidder named @pleasrdao won the NFT with a final bid of 1,696.9 Ethereum (a type of cryptocurrency). This roughly translates to $4 million, according to the Doge auction site – which, by the way, is fully Doge-themed with the classic rainbow Comic Sans font and everything.

The Doge meme was auctioned off as part of a series of other Doge pictures, where part of the proceeds are going to charity, including the Japanese Red Cross Society and the World Food Programme.

I’ll be honest – I personally fucking hate the Doge meme. The terms ‘very’, ‘wow’, and ‘much’ when used in the meme context ilicit a visceral revulsion in me that can only be described as deep, deep cringe.

The incredible price of four million dollars, the highest ever paid for any NFT, was caused by an upward war that ended with the winning offer of @pleasrdao. A possible price justification is perhaps due to the fact that this particular meme, originating from a random photo posted by Sato on his blog years ago, had recently become the official face of Dogecoin, the cryptocurrency that became popular after Elon Musk‘s endorsement last year.

The sale represents a strong sign of life for the NFT online market which, according to a report published today by Protos, which specializes in cryptocurrency and blockchain, has seen a 90% narrowing of its turnover over the past May.

The dog Kabosu is actually shown in the doge picture. The animal was adopted by the Japanese kindergarten teacher Atsuko Sato when a dog breeding business was closed. That was in 2008.

From Kabosu to Doge

But how did Kabosu become the doge meme? The owner posted the corresponding dog picture on her blog in 2010.
I take tons of photos every day, so this day wasn’t unusual. Kabosu loves to be photographed, so she was delighted that the camera was aimed at her, ”explains Atsuko Sato in a statement.

The term D-O-G-E originally comes from a comic from 2005. The doge term was brought together with the image of Kabosu in 2010 on the Reddit platform – the meme was born.
At that time the kindergarten teacher did not know that the bitch would one day bring in millions.

The $4 million NFT depicting the original Doge meme is set to be fractionalized into ERC-20 Tokens, and auctioned off in pieces.

The owner of the Shibu Inu depicted in the beloved meme, Atsuko Sato sold the Doge NFT for 1696.9 Ether, or $4 million on June 12 to art-focused decentralized autonomous organisation, PleasrDAO.

Starting from Sept.1 at 5pm UTC PleasrDAO will offer exposure to the Doge NFT via a fractionalization that will see the nonfungible token broken down into 16,969,696,969 ERC-20 tokens named “$DOG”.

According to a blog post from PleasrDAO, 20% of the total $DOG supply will be available for purchase initially, with the sale being hosted on open-source smart contract platform, Miso.

After the launch, $DOG will be available for trade on fractional.art, or via decentralized exchanges (DEXs) such as Uniswap and SushiSwap.

This is how the reaction of a certain dog would have been had he got wind of this auction. Doge is the image of a Shiba-Inu and is arguably one of the most iconic and well-known memes on the internet. Now the original picture from Japan was auctioned for the equivalent of around 3.8 million francs.

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The auction ended on June 11th.

The winner bid a total of 1696.9 Ethereum for the picture. Converted, this corresponds to 3.8 million francs. «We are happy to be part of this milestone in Internet history. If a meme deserves to be the new record holder, it is definitely Doge, ”explains Don Caldwell, editor-in-chief of the meme database Knowyourmeme.com to the TV broadcaster NBC.

Female from Japan

Don Caldwell had certified the Doge photo prior to the auction to ensure that the meme was being sold by the rightful owner.

The idea behind the $DOG tokens is based on its price increasing as the original Doge NFT goes up in value.

Holders of $DOG will even be able to vote on what they think the valuation of the original NFT should be, which is set to be re-auctioned at a date determined by the PleasrDAO community in the future.

“We will ensure The Doge NFT does not go up for auction until we feel $DOG has reached full meme escape velocity and is coupled with a strong, thriving community,” the blog post read.

However, the regulatory framework surrounding fractionalized NFTs appears to be in a gray area.

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